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July 9, 2008 6:01 AM PDT

Web meeting provider Dimdim raises $6 million

Open-source Web conferencing provider Dimdim has raised $6 million in Series B funding, the company is set to announce on Wednesday.

The funding round, which was led by current investors Index Ventures, Nexus India Capital, and Draper Richards, will enable Dimdim to introduce enhancements to the free service and expand its market reach.

Dimdim competes with fee-based services like Webex. Because it is open source, it could become a platform for real-time communications if it garners enough developer support, my CNET colleague Rafe Needleman predicts.

Since its private launch 10 months ago, Boston-based Dimdim has attracted more than 500,000 users in more than 180 countries, the company says.

Originally posted at Webware
Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 and previously covered search, online advertising, and portals. E-mail Elinor.
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Add a Comment (Log in or register) 2 comments
by technoguide July 9, 2008 10:27 AM PDT
Thanks for the great mention. We?re delighted to have raised this round - especially during tough economic conditions. This really underscores the value of free, open alternatives to traditional meetings. We?re excited about the future of this space and Dimdim's potential disruptive power, especially with the help of the open source community.

Don?t forget, you can sign up here and begin hosting your own Dimdim Web Meetings - with up to 20 people at a time - absolutely free. No download required for attendees or Mac users.
Reply to this comment
by spreed-com July 11, 2008 6:22 PM PDT
DimDim is not the only free web meeting system. Try out spreed.com a free European web meeting service. spreed Web meetings are fantastic on Macs and Linux too. OS X and Linux screen sharing is fully supported and it has built-in telephone conferencing. It's free too! Get your account on http://www.spreed.com
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